22:25
then someone was like "what does jm stand for" and i was like .. well
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Simple English definitions for legal terms
lesion beyond moiety
Read a random definition: delictual
A quick definition of lesion beyond moiety:
Lesion beyond moiety, also known as laesio enormis, is a legal term used in Roman and civil law. It refers to the sale of a thing for which the buyer paid less than half its real value. In such cases, the seller could rescind the sale, but the buyer could keep the item purchased by paying the full value. This doctrine was mostly limited to land sales. It also applies to the injury sustained by one party to an onerous contract when the overreaching party receives twice the value of that party's money or property. If co-owner co-heirs partition or sell property, laesio enormis may exist when the purchaser pays less than one-fourth of the value rather than one-half.
A more thorough explanation:
Lesion beyond moiety refers to a legal concept in Roman and civil law where a party suffers an injury in an onerous contract when the other party receives more than double the value of their money or property. For example, if a purchaser pays less than half the value of the property sold, or a seller receives more than double the property's value, lesion beyond moiety may exist.
In the case of a sale, if the buyer paid less than half the real value of the thing sold, the seller could rescind the sale. However, the buyer could keep the item purchased by paying the full value. This doctrine was generally limited to land sales.
For co-owners or co-heirs who partition or sell property, lesion beyond moiety may exist when the purchaser pays less than one-fourth of the value rather than one-half.
Lesion beyond moiety, also known as laesio enormis, was adopted in all modern civilian systems and became the means of testing the validity of contracts generally by their fairness.
For example, if a person sells a house worth $100,000 to another person for only $30,000, the buyer may be able to rescind the sale if lesion beyond moiety is proven. This is because the seller received less than half the real value of the property.